WAYBILL Meaning and
Definition
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A waybill refers to a document that contains detailed information about a shipment of goods being transported from one location to another. It serves as a crucial record and proof of the transaction between the seller and the carrier (typically a transportation company or logistics provider) for the movement of goods. The purpose of a waybill is to outline the essential details pertaining to the shipment, including its origin, destination, and the contents being transported.
In essence, a waybill serves as a contract between the seller and carrier, ensuring that both parties have a clear understanding of the terms and conditions of the transportation agreement. It typically contains information such as the names and addresses of the shipper (seller), consignee (buyer), and carrier, as well as the date of shipment, a detailed description of the goods, their weight, and the applicable shipping charges.
Moreover, a waybill often includes specific instructions for the carrier, such as handling requirements or any special considerations associated with the shipment. Additionally, it may contain details about insurance coverage, if applicable, and any other relevant information that the parties deem necessary for the smooth and efficient transportation of the goods.
Overall, a waybill acts as a comprehensive record that facilitates the movement of goods by outlining the necessary information and terms agreed upon between the seller and carrier, thus ensuring transparency and accountability throughout the shipping process.
Common Misspellings for WAYBILL
Etymology of WAYBILL
The word "waybill" comes from the combination of two separate words: "way" and "bill".
The term "way" has its origins in Old English, where it was spelled as "weg". It stems from the Proto-Germanic word "wegaz", which means "road" or "path". This root word eventually evolved into "way", referring to a route or means of passage.
The word "bill" can be traced back to the Latin word "billa", which signified a written document or a list. It later entered Middle English as "bille" and then transformed into "bill" as we know it. In the context of a waybill, "bill" refers to a written record, particularly of goods transported.
In summary, the word "waybill" combines the notion of a pathway or route ("way") with that of a written record or document ("bill").
Similar spelling word for WAYBILL
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